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The Pennsylvania Insurance Department is a cabinet-level agency in Pennsylvania, United States. It was founded in 1873 and has several main functions, including: [2] To audit insurance companies' finances; Issue licenses to insurance industry individuals and companies; Regulate insurance policies and rates
Pennie is the official health insurance marketplace in the U.S. state of Pennsylvania established under the federal Patient Protection and Affordable Care Act (ACA). The exchange enables eligible individuals to purchase private health insurance coverage at federally subsidized rates.
Insurance regulatory law is the body of statutory law, administrative regulations and jurisprudence that governs and regulates the insurance industry and those engaged in the business of insurance. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as authorized and directed ...
Penalty type. First offense penalties. Fines. Minimum of $300. Registration suspension. Three months plus $79 restoration fee. License suspension. Three months plus $79 restoration fee
In 1915, the PMA formed a committee to begin a casualty insurance company that could provide workers’ compensation insurance to the members. By late 1915, a charter was granted and on January 10, 1916, the first annual meeting of the Pennsylvania Manufacturers’ Association Casualty Insurance Company was held, with Grundy as the company’s ...
The 2024 average cost of car insurance in Pennsylvania is $521 annually for minimum coverage and $2,790 per year for full coverage car insurance. Like any other coverage you select for an auto ...